Colliers International

VietNamNet Bridge – Foreign consultancy firms all believe that the real estate market would still be very difficult in 2013, while the prices would continue decreasing. However, they believe that there would be more successful transactions.

Survey of Colliers International showed that luxury apartment selling prices in HCM City in the first quarter of 2012 saw the strongest decline of 40% per year while the prices of low and medium class apartments declined 27-30% on year.

The property market is growing very fast in Vientiane due to business expansion and development projects, according to a report by Colliers International Thailand in association with RentsBuy Co., Ltd.

VietNamNet Bridge – The office rent in HCM City is on the decrease amid the increasing supply, which paves the way for businesses to return to the central areas after a period setting up offices in the suburbs.